CHANCELLOR GEORGE OSBORNE
Quote:
|
People know that promises of quick fixes and more spending this country can't afford, at times like this, are like the promises of a quack doctor selling a miracle cure.
|
GOVERNMENT BORROWING
Extra £111bn in borrowing over five years
PUBLIC SECTOR PAY AND PENSIONS
1% cap on public sector pay rises for two years after the end of current freeze next year
Quote:
|
What we offer is a government that has a plan to deal with our nation's debts to keep rates low; a government determined to support businesses and support jobs.
|
BUSINESS AND JOBS
OBR forecast of total public sector job losses up from 400,000 to 710,000
Credit easing programme to underwrite up to £40bn in low-interest loans to small and medium-sized firms
£1bn business finance partnership to raise money for medium-sized firms
Regional Growth regeneration fund to get £1bn in extra funding
£250m support package for energy-intensive firms, £500m for science
OBR forecast of total public sector job losses up from 400,000 to 710,000
£1bn "youth contract" to subsidise six-month work placements for 410,000 young people
HOUSING
£400m scheme to kick-start stalled construction projects in England
INFRASTRUCTURE SPENDING
£5bn new spending over three years, including £1bn for the rail network
Go-ahead for 35 road and rail projects across England
Aim to unlock a further £20bn in investment from pension funds.
It seems to me that the Government is on a spending spree, giving billions to the bosses of business and industry while putting a million workers an the dole and replacing them with slave labour, funding the whole lot by printing more money and plundering pension funds .....
